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  • Marcus Hummer

    CEO


    Agern Allé 5A 2970 Hørsholm

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    Arctic Securities Research Report: Bawat - Set for strong growth in 2024

    Arctic Securities Equity presents their latest Research Report, "Bawat - Set for strong growth in 2024”. Here short summary from Arctic Securities Equity: Set for strong growth in 2024 Bawat’s Q4 order intake came in slightly above our expectations, leading to a FY-23 order intake of SEK 42m and in line with the guided range. In this update, we have made some adjustments to align with the changes in the JV structure with Damen for the sale of Mobile Solutions. Driven by the strong backlog and continued order intake growth, we estimate 2024 revenue of SEK 53m and EBITDA of SEK -12m,

    Bawat Water Technologies AB: BAWAT Announces Q4 Report 2023

    Hørsholm, Denmark, February 21, 2024 – Bawat Water Technologies AB (BAWAT) today announces its Q4  Report for 2023. The report is available on Bawat’s website (investor.bawat.com) BAWAT is a leading supplier of sustainable ballast water treatment technology and services. BAWAT was listed on Nasdaq First North Premier Growth Market in Stockholm in March 2022. Doubling Order Intake and profit margin Y-o-Y and Full year 2024 guidance   Q4 2023 · Order intake in Q4 2023 elevated the full year order intake to SEK 41.8m (Guidance SEK 40-50m), a significant 131% increase from

    Bawat BaaS Helps Vessel with Urgent Ballast Water Treatment Need

    Hørsholm, Denmark, 8th Feb 2024. A very recent case underscores the critical need for effective Ballast Reception Facilities in ports, where Bawat BaaS delivered a timely and cost-effective - Ballast as a Service - solution to a vessel facing deballasting challenges in Bremen Port.   Last week, a vessel attempting to deballast in Bremen Port found itself in a challenging situation. Despite an installed ballast water treatment system, the vessel could not deballast in compliance with IMO discharge standards and was faced with either leaving the port to perform a ballast water exchange

    NEWS: Bawat Water Technologies AB - CEO Marcus Hummer purchases shares

    Bawat Water Technologies AB announces that its CEO, Marcus Hummer, has acquired 75,838 shares in the open market on January 16, 2024. The average purchasing price stood at 1.93 SEK/share, contributing to Marcus Hummer's current holdings of 451.440 shares. As Bawat Water Technologies continue to advance in the ballast water treatment sector, the share purchase serves as a testament to the leadership's belief in the company's potential. For more information on Bawat's Investor Relations, please visit Bawat IR .

    Bawat Water Technologies AB has resolved on directed share issues of approximately SEK 7 million to fully match the Nefco-financing

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE FURTHER REGISTRATION OR ANY OTHER MEASURES IN ACCORDANCE WITH APPLICABLE LAW. REFER TO "IMPORTANT INFORMATION" IN THE END OF THIS PRESS RELEASE FOR FURTHER INFORMATION.   Hørsholm, Denmark, January 15, 2024 – The board of directors of Bawat Water Technologies AB (”Bawat” or

    Bawat Receives Order for Two Mobile BWMS Units to Its BaaS Business

    Hørsholm, Denmark, December 20th, 2023 – Bawat proudly announces the successful sale of two mobile Ballast Water Management System (BWMS) units in the United States to its innovative Bawat BaaS platform.   As a pioneering force in sustainable ballast water treatment technology and services, Bawat continues to demonstrate its commitment to providing efficient solutions that meet industry demands.   Marcus Hummer, CEO of Bawat said: "We are delighted that our service solution, Bawat BaaS, has once again proven its immense value. Our focus on contingency planning and facilitating

    Bawat Water Technologies AB: BAWAT Announces Q3 Report 2023

    Hørsholm, Denmark, November 21, 2023 – Bawat Water Technologies AB (BAWAT) today announces its Q3 Report for 2023. The report is available on Bawat’s website (investor.bawat.com) BAWAT is a leading supplier of sustainable ballast water treatment technology and services. BAWAT was listed on Nasdaq First North Premier Growth Market in Stockholm in March 2022. Full year guidance and highlights Q3 2023 · The Order Intake for the quarter including orders received up until this press release supports a narrower target guidance for the year from the previously SEK 40-60m range to a SEK

    Damen Green Solutions and Bawat A/S joint venture marks official signing for Mobile Ballast Water Management Systems

    Friday, 10th November 2023, Damen Green Solutions and Bawat A/S have formally signed the agreementto solidify their joint venture in the development and sales of cutting-edge mobile Ballast Water Management Systems (BWMS). The joint venture, operating under the collective name "Bawat Damen", marks a significant step in revolutionizing mobile ballast water management solutions. Under the joint venture, Bawat A/S will provide its innovative system for treating ballast water, leveraging its patented pasteurisation process that eradicates organisms without the use of chemicals, filters, or

    Bawat Water Technologies AB: BAWAT Announces Q2 Report 2023

    Hørsholm, Denmark,August 22, 2023– Bawat Water Technologies AB (BAWAT) today announces its Q2 Report for 2023. The report is available on Bawat’s website (investor.bawat.com) BAWAT is a leading supplier of sustainable ballast water treatment technology and services. BAWAT was listed on Nasdaq First North Premier Growth Market in Stockholm in March 2022.  Highlights Q2 2023 – closed financing round successfully. First long-term service order in BaaS. Order intake in line with guidance and margins are still increasing. · Order intake in the second quarter was SEK 11.21m. · The

    Bawat Water Technologies Secures Fleet Order for Ballast Water Management Systems

    Hørsholm, Denmark, 28th June 2023 - Bawat Water Technologies, a leading provider of innovative ballast water treatment solutions, is pleased to announce the receipt of a fleet order for its Ballast Water Management System (BWMS) from a European customer. This order encompasses 10+ vessels and represents a value of approximately 10.5 million SEK. The magnitude of this order reaffirms Bawat's Order Intake guidance for 2023, set between 40-60 million SEK. The sales value from this order will be realized over the next 14-18 months.   Marcus Hummer, CEO of Bawat Water Technologies,

    Bawat reaches financing agreement with Nefco to scale up its ballast water management system business

    Ballast water discharged from shipping poses a serious environmental and economic threat due to the spreading of invasive species. With Nefco financing, Bawat will scale up its patented ballast water treatment system to reduce the environmental impact of shipping. Nefco – The Nordic Green Bank – has signed a loan agreement with Bawat , a Nordic company providing an environmentally friendly solution for ballast water treatment. Bawat’s system uses heat to pasteurise ballast water, making it a simple, cost-efficient, flexible and sustainable solution that requires

    Announcement from the Annual General Meeting in Bawat Water Technologies AB on 7 June 2023

    Bawat Water Technologies AB held its Annual General Meeting on 7 June 2023. The meeting resolved to adopt the profit and loss account and balance sheet, as well as the consolidated profit and loss account and consolidated balance sheet for the financial year 2022.Disposition of the company's earningsThe meeting resolved that the company's results shall be balanced carried forward and that no dividend shall be paid for the financial year 2022.Discharge from liabilityThe meeting resolved to discharge the Directors and the CEO from liability towards the company for the financial

    Bawat Water Technologies AB: BAWAT Announces Q1 Report 2023

    Hørsholm, Denmark, May 23, 2023 - Bawar Water Technologies AB (BAWAT) today announces its Q1 Report for 2023. The report is available on Bawat's website (investor.bawat.com) BAWAT is a leading supplier of sustainable ballast water treatment technology and services. BAWAT was listed on Nasdaq First North Premier Growth Market in Stockholm in March 2022. Highlights Q1 2023 – order intake in line with guidance, margin above 20% and capital raise in motion · Order intake in the first quarter was SEK 9.3 m. · The Gross Margin in the period was reported at 21.6% which is in line

    Bawat Water Technologies AB publishes its 2022 Annual Report

    Bawat Water Technologies AB (“Bawat” or the “Company”) is pleased to publish its 2022 Annual Report for the year ended 31 December 2022. The attached 2022 Annual Report is also available on the Company’s website https://investor.bawat.com/company-reports/ For further information, please contact: Marcus P. HummerCEO Bawat+45 8870 8803mph@bawat.comwww.bawat.com  Certified Adviser:Svensk Kapitalmarknadsgranskning ABwww.skmg.se  About Bawat The development of an entirely new approach to ballast water treatment utilizing onboard waste heat to treat ballast water

    NOTICE OF ANNUAL GENERAL MEETING IN BAWAT WATER TECHNOLOGIES AB

    Unofficial English translation for information purposes only. If there aredifferences between the English translation and the Swedish original, theSwedish text will take precedence. The shareholders of Bawat Water Technologies AB are hereby given notice to the annual general meeting that will be held on Wednesday, June 7, 2023 at 09.00 CEST at the premises of Advokatfirman Lindahl, Studentgatan 6 in Malmö, Sweden. Right to attend and notification Shareholders wishing to attend the meeting must i. be entered as a shareholder in the share register kept by Euroclear Sweden AB

    Bawat receives final approval from Nefco and decides on a directed share issue

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE FURTHER REGISTRATION OR ANY OTHER MEASURES IN ACCORDANCE WITH APPLICABLE LAW. REFER TO "IMPORTANT INFORMATION" IN THE END OF THIS PRESS RELEASE FOR FURTHER INFORMATION. Hørsholm, Denmark, April 26th, 2023 - Bawat Water Technologies AB (”Bawat” or the “Company”) has received final

    Bawat receives subscription commitments for directed share issue of SEK 19m to fully match first tranche of Nefco-financing together totaling up to SEK 50m and has signed final term sheets with Nefco

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE FURTHER REGISTRATION OR ANY OTHER MEASURES IN ACCORDANCE WITH APPLICABLE LAW. REFER TO "IMPORTANT INFORMATION" IN THE END OF THIS PRESS RELEASE FOR FURTHER INFORMATION. Hørsholm, Denmark, April 17th, 2023 - Bawat Water Technologies AB (”Bawat” or the “Company”) has, since the

    Bawat Water Technologies AB postpones the annual general meeting and publication of the annual report for 2022

    Hørsholm, Denmark 17[th ]April 2023. The board of directors of Bawat Water Technologies AB (“Bawat” or the “Company) has decided to postpone the annual general meeting and the publication of the annual report for 2022.The annual general meeting on May 9, 2023, which was convened by the Company through a press release on April 4, 2023, publication of the notice in the Swedish Official Gazzette (Sw. Post- och Inrikes Tidningar) on April 11, 2023, and through an advertisement that notice had been made in Dagens Industri on April 11, 2023, has therefore been revoked by the board of directors.

    Bawat Water Technologies AB announces that its working capital is estimated to be sufficient until the end of July, 2023, and that the previously announced financing is ongoing

    Hørsholm, Denmark, 14th April 2023 - Bawat Water Technologies AB (“Bawat” or the “Company) announces that its working capital is estimated to be sufficient until the end of July, 2023, and that it is continuously working with the financing from the Nordic Environment Finance Corporation (“NEFCO”) and exploring the conditions to carry out a new share issue, as announced by the Company on March 24, 2023. The Company expects to announce further information regarding the financing from NEFCO and the new share issue in the near term. The Company has an ongoing dialogue with Nasdaq and its

    NOTICE OF ANNUAL GENERAL MEETING IN BAWAT WATER TECHNOLOGIES AB

    The shareholders of Bawat Water Technologies AB are hereby given notice to the annual general meeting that will be held on Tuesday, May 9, 2023 at 10.00 CEST at the premises of Advokatfirman Lindahl, Studentgatan 6 in Malmö, Sweden. Right to attend and notification Shareholders wishing to attend the meeting must i. be entered as a shareholder in the share register kept by Euroclear Sweden AB as of Friday, April 28, 2023, and ii. give written notice to the company of their intention to attend, no later than Wednesday, May 3, 2023, by post toAdvokatfirman Lindahl KB, Att. Bawat

    Bawat and Damen signs Term Sheet to establish joint venture for mobile Ballast Water Management Systems – “InvaSave powered by Bawat”

    Gorinchem, the Netherlands / Copenhagen, Denmark; 4 April 2023 - Bawat Water Technologies and Damen Green Solutions intensify their collaboration in the field of ballast water treatment systems with the signing of a Term Sheet to establish a joint venture by merging Damens InvaSave program with Bawat technology, “InvaSave powered by Bawat Technology” for the construction and marketing of mobile, containerized systems. A ballast water treatment system (BWMS) avoids discharging untreated ballast water in seas and harbors to prevent the introduction of invasive marine species that threaten

    Bawat Water Technologies AB (BAWAT) receives approval in principle from the Nordic Environment Finance Corporation regarding a green financing package

    Hørsholm, Denmark, March 24[th], 2023, Bawat Water Technologies AB (BAWAT) receives approval in principle from the Nordic Environment Finance Corporation regarding a green financing package and is exploring the conditions to carry out a new share issue.Bawat Water Technologies AB (“Bawat” or the “Company”) is negotiating with Nefco (the Nordic Environment Finance Corporation) regarding a green financing package which is subject to final approval by the Nefco Board of Directors. However, the Nefco Board of Directors has given its "Approval in Principle” to a financing commitment from Nefco

    Bawat Water Technologies AB: BAWAT Announces Q4 Report 2022

    Hørsholm, Denmark, February 21, 2023 – Bawat Water Technologies AB (BAWAT) today announces its Q4 Report for 2022. The report is available on Bawat’s website (investor.bawat.com)BAWAT is a leading supplier of sustainable ballast water treatment technology and services. BAWAT was listed on Nasdaq First North Premier Growth Market in Stockholm in March 2022.  Financial Highlights Q4 2022 – delayed large orders and further lift in margin: · Order intake in the fourth quarter was SEK 1.2m and Order Intake for the year is SEK 18.1m. · The low Q4 Order Intake reflects the difficulty

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